My memory is a bit rusty but I think the $1mill was made up of 1/3 cash 1/3 shares and 1/3 options. I also remember that the leases were handed over but can’t exactly remember the exact timing of payment Vs handover. I’m not ducking for cover but I do know that the commercial deal was struck before I was hired. I also seem to remember that the initial deal was not for 100% as I remember I tidied up the balance later. As an aside you would realise that some projects spend a lot of money drilling and then get dropped. Is that also a novice waste of money? How about projects that companies spend tens of millions doing BFS on and then drop? Ok that’s the last I have to say on this. I opened up about who I am on this forum but I won’t get into tit and tat on old projects.
AUL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Not Held
